BitBeat: CoinDesk Trims Down But Bitcoin Rises at SXSW

BitBeat: CoinDesk Trims Down But Bitcoin Rises at SXSW

Bitcoin Latest Price: $285.86, down 1.56% (via) -Prominent digital-currency news service CoinDesk has slimmed down its editorial team. The move reflects broader changes in bitcoin’s development now that a 2013-2014 surge in retail services – and the ad dollars that came with it – has taken a back seat to the institutional build-out of digital-currency technology.